HYPE has maintained a stable price near $40, with strong support observed around the $38-$39 zone during brief market dips. Notably, HYPE’s 24-hour trading volume surged, signaling increased participation and highlighting sustained market liquidity. This surge reinforces HYPE’s real-world application value tied to its connection to perpetual trading infrastructure. The recent price hike saw HYPE reach $40.17 with steady demand observed across trading sessions, showcasing a constructive bullish trend. 24-hour trading volume for HYPE reached approximately $602.6 million, demonstrating significant market activity and a strong buy-in from users. This sustained engagement reinforces the project’s relevance in the current market landscape. HYPE’s overall market cap remained steady around $13.52 billion with the fully diluted value approaching $40.15 billion. The circulating supply of HYPE stood at approximately 336.68 million tokens, while the total supply maintained a near-constant level of 999.53 million tokens. This stable supply structure suggests potential future unlocking events may influence price direction over time. Market activity and network role were highlighted as HYPE continued to display consistent gains, with buyers stepping in during moments of market dips. This pattern indicated orderly trading rather than abrupt shifts. The profile score remained at 48% which indicates that the project is still developing but actively working to expand its presence within trading ecosystems.